Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


Eurostat: Romania, placed second in EU in terms of retail trade increase in July

The retail trade volume increased 0.2 percent in the euro area (EA17) and in the European Union (EU27) in July compared with the previous month, Portugal and Romania registering the most significant advance in the EU, according to the data released by the European Statistics Office (Eurostat) on Monday.

Among the EU member states, the retail trade declined in 9 countries, advanced in other 10 and remained stable in Germany and Spain.

The most significant increases were registered by Portugal (2.5 percent), Romania (2.2 percent) and Latvia (1.8 percent) and the highest decreases were registered in Malta (minus 3.4 percent), Finland (minus 1.9 percent) and Denmark (minus 1.7 percent).

In July 2011 compared with July 2010 the retail trade volume dropped 0.2 percent in the EU and in the euro area.

Among the member states, retail trade decreased in 9 countries and increased in other 12 states. The largest decreases were witnessed in Malta (minus 8.9 percent), Portugal (minus 5.3 percent) and Denmark (minus 5.1 percent). However, the highest increases were registered in Luxembourg (8.3 percent), Lithuania (7.8 percent) and Latvia (6.4 percent). Romania registered a 1 percent enhancement in retail trade in July.